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A new property bubble in the making?

Nobel Laureate in Economics Christopher Pissarides believes there's another bubble being created in the Cyprus property sector although George Mouskides refers to the rise in transactions as a "healthy increase".
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KPMG Cyprus real estate report

KPMG's 'Cyprus Real Estate Market Report – The Insights', now in its ninth edition, provides an overview of the Cypriot economy and assesses the performance of the real estate sector.
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Is it safe to buy property in Cyprus?

"Is it safe to buy property in Cyprus?" is a question I'm constantly being asked and although changes to the law in recent years have improved the situation, some buyers are still at risk.
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Cyprus property market on the up

Specialists are confident over the future of the Cyprus property market, saying that the upward trend in house prices is combined with an ongoing increase in demand for real estate.
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What the new foreclosure bills mean

The new foreclosure bills passed by the Cyprus parliament expedites foreclosure proceedings, makes it easier for financial institutions to remove bad loans from their balance sheets, and increases the number of borrowers eligible for insolvency schemes.
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Land Registry & Property Transfer Fees

In Cyprus, Property Transfer Fees are the local equivalent of the UK's Stamp Duty Land Tax (SDLT), is a tax that is paid by a purchaser when they buy property or land; so why are so many people complaining?
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Energy saving grant scheme

There are opportunities for those living in Cyprus permanently to increase the energy saving of their homes through the "I Save I Upgrade" grant scheme, which is co-funded by the European Union and the Cyprus Government.
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Limassol in top 100 world cities

Limassol is amongst the top 100 cities of the world according in the 'Quality of Living Index' produced by Mercer, one of the world’s largest HR consultancy firms, that evaluated local living conditions in more than 450 cities.
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Citizenship schemes pose major corruption risk

Citizenship and residence-by-investment schemes, commonly referred to as ‘Golden Visa’ programmes, are vulnerable to abuse and undermine the fight against corruption in the European Union.
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Citizenship scheme shrouded in secrecy

Transparency in the ‘Citizenship by Investment Scheme’ aka ‘Golden Visa Program’ aka ‘Passports for Cash Scheme’ will remove the veil of secrecy and silence those accusing Cyprus of trading in naturalisations.
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Cyprus property taxes in 2018

A number of changes to Cyprus property taxes have been made in recent times, most notably the introduction of VAT on the sale of building land, which I have summarised together with other changes in this article.
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Reduced VAT on property purchase

Those buying a property in Cyprus as their main residence may apply for a reduced rate of VAT of 5% on the purchase price/construction cost of a new dwelling providing they meet certain criteria.
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Cyprus villa in charity raffle

A Somerset man is offering his Cyprus villa, which is situated in the Paphos village of Kathikas, as the prize in a charity raffle that aims to raise £40,000 to support numerous charitable causes including one to support a four-year-old with a rare cardiac tumour.
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Limassol becoming a sky-rise bubble?

Referring to Limassol as "the bubble of towers" Politis suggested that the uncontrolled vertical development is causing headaches to town planners, warning that the town could pay the price of uncontrolled development.
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Cyprus ‘well prepared’ for skyscraper disasters

The Cypriot authorities have assured that fire safety measures are in place to tackle skyscraper disasters following concerns arising from the Grenfell tower disaster in west London.
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Manhattan skyline for Limassol?

Numerous high-rise buildings, comprising commercial and residential properties, are set to dominate the skyline of Limassol; several are already under construction others are in the pipeline.
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Key findings of Cyprus real estate conference

Key findings form a real estate conference to discuss the state of the Cyprus property market recently hosted by RICS (Cyprus) at which the management of REOs and NPLs were also discussed.
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Cyprus real estate market report 2016

In its 2016 annual review Resolute Asset Management reports that the Cyprus real estate market is gradually becoming more active partly due to improving local and international economic conditions.
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Chinese property buyers targeted

It appears that Chinese property buyers are now being targeted by nefarious elements involved in the Cyprus property industry now that British buyers have finally wised-up to the scams.
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Bank of Cyprus, the reluctant estate agent

With the Bank of Cyprus now being the island's second-biggest private real-estate agent after the church, it might be seen as a good place to start bargain-hunting for a property in Cyprus.
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